Tranche Update on Baker Hughes Company's Equity Buyback Plan announced on October 22, 2021.

Baker Hughes Company specializes in the design, manufacturing and marketing of systems and equipment intended for the oil and gas industries. Net sales break down by family of products and services as follows: - equipment and services for the construction, operation, drilling and evaluation of wells (62.5%); - gas turbines, compressors and industrial services (37.5%). Export accounts for 74.3% of net sales.